HouseCanary, Inc. Brokerage

306 N Driver St., Durham, NC 27703

Single Family Detached
5 Beds
2 Baths
1,431 Sq Ft
60 Days on Market

Listing Agent & Comments

Sheri HagertyHodge & Kittrell Sotheby's Int
919-862-6258gilliam.kittrell@hodgekittrellsir.com License #227015
Don't miss this incredible opportunity for development in the East Durham Historic District, less than two miles from downtown Durham. This historic home currently operates as a rooming house with five income generating bedrooms sharing two full baths and yielding approximately $3,000 a month. However, with the 2024 changes to the Durham UDO and the affordable housing bonus program, there is now considerable opportunity for a myriad of unique development options on this nearly-.32 acre lot. A feasibility study was completed in May 2023 in anticipation of the then-proposed UDO revisions, which study provides a diverse range of potential options, including multi-story development, for this property.

MLS# 10079324 • Data provided by TriangleMLS
Additional home details
Living Area1,431 Sq.Ft.
Lot Size0.3 Acres
Total Rooms--
Bedrooms5
Bathrooms2
Stories--
Year Built1900
Property TypeSingle Family Detached
ZoningRU-5(2)
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$1,196
Property in Flood Zone--
Basement--
PoolNo
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For Sale $299,000
Estimated monthly payment $1,561
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Courtesy of Hodge & Kittrell Sotheby's Int